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Staff Writer | HIT Consultant

LindaCare Nabs $8.7M to Accelerate Remote Patient Monitoring Solution

by HITC Staff 01/25/2018 Leave a Comment

LindaCare Nabs $8.7M to Accelerate Remote Patient Monitoring Solution

LindaCare, a Belgium-based digital health startup specializing in remote patient monitoring solutions for chronic disease management has raised $8.7 million in Series Be funding led by Philips and PMV. The round also included participation from existing investors Capricorn ICT Arkiv, Connecticut Innovations and a number of other minority shareholders. The company plans to utilize the funding to accelerate its US market expansion and product commercialization, as well as support the building of
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Springbuk Raises $20M for Employer Facing Health Intelligence Platform

by HITC Staff 01/23/2018 Leave a Comment

Springbuk Raises $20M for Employer Facing Health Intelligence Platform

Springbuk, an Indianapolis, IN-based employer facing health intelligence software platform has raised $20 million in Series B funding led by California-based HealthQuest Capital and Echo Health Ventures, a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions. The round also included participation from Elevate Ventures. The company plans to use the latest round of funding to support growth and expansion include a heavy emphasis on product innovation, data operations, and
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Box Launches Compliance Monitoring for Life Sciences with GxP Validation

by HITC Staff 01/19/2018 Leave a Comment

Box Delivers Next Generation Compliance Monitoring for Life Sciences

Box, Inc, a provider of cloud content management, today announced Box GxP Validation, an innovative new approach for maintaining GxP compliance in the cloud. Box GxP Validation enables Pharmaceuticals, Biotechnology and Medical Device businesses to develop, validate and operate their GxP compliance standards within Box. Box GxP Validation methodology complies with GAMP5 guidelines, accelerates the validation process, and lowers risk via use of daily tests to assure a continued state of
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Healthcare Revenue Cycle Management Software Market to Reach $43.3B by 2022

by HITC Staff 01/19/2018 Leave a Comment

RelayHealth Financial HIMSS '16 (32)

The global market for healthcare revenue cycle management software is estimated to reach $43.3B by the end of 2022, increasing at a compound annual growth rate (CAGR) of 6.9%, according to a recent report by Future Market Insights (FMI).  The report anticipates the market-to-market positive growth over the coming years, on account of the increasing cumulative patient revenue, improvement payment collection & billing efficiency and recognition of profit . From hospitals to independent
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Innovaccer Launches Free Provider Utilization Portal

by HITC Staff 01/18/2018 Leave a Comment

Innovaccer Launches Free Provider Utilization Portal for Providers

Innovaccer, a San Francisco, CA-based healthcare data platform has announced the launch of Provider Utilization Portal, a free tool that presents a nation-wide view of healthcare utilization, in-depth analysis of benchmarks, best and worst performing measures for inpatient, outpatient, and SNF services directly linked to the cost incurred on each benchmark- all compared against the national and state benchmarks.Skyrocketing healthcare services costs have made it critical for providers to
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Boston Pediatric Device Strategic Partner Challenge Winners Announced

by HITC Staff 01/18/2018 Leave a Comment

Boston Pediatric Device Strategic Partner Challenge,

The Innovation and Digital Health Accelerator (IDHA) at Boston Children’s Hospital and the Boston Pediatric Device Consortium (BPDC) today announced winners of the Boston Pediatric Device Strategic Partner Challenge, which launched in September 2017 and is designed to advance the development of novel pediatric medical device innovations. The Challenge was funded by the FDA Office of Orphan Products Development through a grant to the Boston Pediatric Device Consortium. Each winner has been
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Wellforce Taps Tufts Medical Center CEO To Lead Clinical Innovation

by HITC Staff 01/18/2018 Leave a Comment

Wellforce Taps Tufts Medical Center CEO To Lead Clinical Innovation

Wellforce today announced that Michael Wagner, MD, President and Chief Executive Officer of Tufts Medical Center and Floating Hospital for Children in Boston, will become its new Chief Physician Executive. In his new role, Dr. Wagner will bring together the nearly 3,000 physicians of Wellforce to develop a bold, innovative strategy that improves the health of patients and communities and creates an environment where clinicians can thrive. Dr. Wagner will begin his tenure as Chief Physician
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Magellan Health Launches First FDA-Approved Prescription Digital Therapeutic

by HITC Staff 01/17/2018 Leave a Comment

magellanhealth

Magellan Health has announced the launch of reSET therapy, a pilot initiative using the first-ever FDA cleared prescription digital therapeutic from PEAR Therapeutics to improve outcomes for individuals struggling with Substance Use Disorders (SUD) and other related conditions.With the current challenges in our nation related to substance use, the evidence-based, non-drug treatment option presented with this approach is an opportunity to offer a practical solution to meet these complex needs and
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AMGA Appoints Dr. John Kennedy As New Chief Medical Officer

by HITC Staff 01/16/2018 Leave a Comment

AMGA Appoints Dr. John Kennedy As New Chief Medical Officer

AMGA today announced that John W. Kennedy, M.D., has been named chief medical officer, AMGA, and president, AMGA Foundation. Dr. Kennedy previously served as division director of endocrinology at Geisinger Health System in Danville, PA. Dr. Kennedy is board certified in endocrinology, diabetes, and metabolism. He received his Doctor of Medicine degree from Jefferson Medical College, now the Sidney Kimmel Medical College, in Philadelphia, PA. Since 2007, Dr. Kennedy has served as division
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Stratus Video Spin Off Launches Virtual Care Platform to Enhance Telehealth Marketplace

by HITC Staff 01/12/2018 Leave a Comment

Stratus Video Spin Off Launches Virtual Care Platform to Enhance Telehealth Marketplace

Synzi announced today a new investment from Kinderhook Industries forming a new virtual care spin-off entity from language services company, Stratus Video's language services division. Synzi offers healthcare organizations — from providers to payers to biotech and pharma — a multi-channel communication platform that goes beyond the traditional telehealth model to support some of the industry’s biggest goals, such as enhancing patient engagement, facilitating complex care management, streamlining
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